×
109
Fashion Jobs
L'OREAL GROUP
Area Sales Manager - Consumer Products Division, Mumbai
Permanent · Mumbai
NIKE
sr. HR Operations Specialist
Permanent · Bengaluru
L'OREAL GROUP
Senior Manager - Digital Marketing & D2C, Kerastase
Permanent · Mumbai
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
PUMA
Assistant Business Manager – Puma.Com
Permanent · Bengaluru
NIKE
Senior Software Engineer Iii – Retail Commerce Passplay, India - Consumer & Marketplace Icc
Permanent · Bengaluru
L'OREAL GROUP
Indirect Sourcing Manager
Permanent · Baddi
NIKE
Sap bi Lead Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
SAAHRA
Graphic Design Summer Internships
Internship · NEW DELHI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
BROADCAST THE COMPANY
Business Developement
Internship · MUMBAI
By
Reuters
Published
Nov 3, 2016
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Beiersdorf hikes profit guidance on strong consumer products

By
Reuters
Published
Nov 3, 2016

German Beiersdorf, the maker of Nivea cream and Tesa adhesives, raised its guidance for 2016 earnings on Thursday on strong third-quarter sales at its consumer business, which roared back after a disappointing first half of the year.


Beiersdorf third quarter sales rose 2.9% in the first nine months of 2016 - Foto: Beiersdorf



Beiersdorf said it now expected its margin on earnings before interest and taxes (EBIT) to significantly exceed the year-earlier figure, without providing further detail.

It had previously said it expected its EBIT margin to widen slightly from the 14.4 percent it reported in 2015.

Beiersdorf's consumer business, which includes cosmetics brands Nivea, Eucerin and La Prairie, will continue to support earnings margins, while adhesives business Tesa, which suffers from a slump in demand from Asia, will be a drag, the company said.

Organic sales across all business segments rose by 2.9 percent to 5.03 billion euros ($5.60 billion) in the first nine months, the company said.

 

© Thomson Reuters 2021 All rights reserved.